Endowment Fund Resources
The following resources may inform as you consider contributing to the Endowment Fund.
Documents
These PDF documents can be viewed online or printed.
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The tri-fold brochure provides key information about the Endowment Fund.
Hint: If you print the brochure, fold it into thirds so the Farmer Went Out banner is the first thing you see.
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This document explains the purpose of the Fund, how the assets can be used, and governance.
Some definitions of words and phrases related to estate planning and endowment funds are explained.
Videos
Learn about the Endowment Fund, ways to give now and in the future, and ideas to consider as you create and update your estate plans.
Watch this short video to learn what the Endowment Fund is, the mission and ministry it supports, and how you might contribute.
Estate Planning – An Act of Stewardship
Plan ahead for the distribution of the gifts God has entrusted to you.
Letting people know about your estate plan helps them now and in the future.
The answer might surprise you.
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Contributing to the Endowment Fund Now
Learn ways you can support the Fund now with gifts big or small.
Frequently Asked Questions
Q: What is the Atonement Endowment Fund (AEF)?
A: It is a Fund designated to support future mission and ministry at Atonement.
Q: Why have such a fund?
A: By setting aside funds to grow over time, a permanent resource is created for doing God’s work in the future.
Q: Why isn’t ongoing giving used for this purpose?
A: Your ongoing giving supports what we are doing at Atonement now. It compensates our pastors and staff, supports current missions and ministries, and pays the mortgage, utilities, custodial company, and other expenses.
Q: Who is responsible for the AEF?
A: The Atonement Endowment Fund Oversight Committee which consists of the Vice-President, Treasurer, and three additional members appointed by the President.
Q: Is there a document that governs the AEF?
A: Yes, the AEF Charter is located here.
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Q: How do I indicate a gift is designated to the AEF?
A: If you are using an offering envelope, please write Atonement Endowment Fund on the “Other” line and specify how much you are giving. For contributions conveyed in some other manner, please document in writing that the gift is for the AEF and send it to the Parish Administrator.
Q: Does the AEF only accept future gifts, such as from an estate?
A: Immediate gifts can be given at any time. Some examples include cash, publicly traded securities, closely held securities, real estate, or tangible personal property.
Deferred gifts can be promised to the AEF but not conveyed to the Fund until a later date. Examples include estate items, wills (bequests), charitable remainder trusts, and charitable gift annuities.
Q: Is there a minimum amount that can be given to the AEF?
A: Gifts of almost any size and kind are appreciated, and there is no minimum amount for cash, check, or credit card. Other types of gifts may be restricted at the discretion of the Committee. Please see the AEF Charter for more information.
Q: Are there tax benefits to giving the AEF?
A: Many gifts may provide tax benefits to you. Check with your trusted advisor to understand the tax consequences of your donation.
Q: If my circumstances change, can I modify my estate plan?
A: In general, estate plans can be modified. However, some choices are irrevocable, so be sure to talk with your attorney or other trusted advisor before making any decisions to understand your options for each designation.
Q: I want to support the AEF, but I don’t have the cash to do so. Are there other options?
A: You can consider many options to support the AEF now or in the future. The Giving page lists some of them, and your trusted advisor may highlight other ways you can contribute now, in the future, or when your estate plan is executed.
Q: Are there ways to use my retirement savings to support myself, and when I pass, a portion of what’s left goes to the AEF?
A: There are various options, and your trusted advisor can explain those suitable to your circumstances.
Q: Can a company or foundation make gifts to the AEF?
A: Yes, gifts are welcome from members as well as non-members and organizations.
Q: What does the phrase “trusted advisor” mean?
A: A trusted advisor is someone you have confidence in to advise in your best interest. They are typically trained professionals in estate planning, financial & retirement planning, taxes, and law. It is up to you to decide which advisor(s) is appropriate for your circumstances.
Q: I have questions. Can the AEF Oversight Committee help me?
A: The Committee members will be happy to talk to you about the Endowment Fund, its purpose, and other general questions. Please see the Contact page for a list of the Committee members. However, the Committee and individual members of the Committee can not provide specific advice, including but not limited to how much to contribute to the Fund, the types of gifts you make, tax consequences, or legal ramifications. Consult with your trusted advisor(s) for guidance.
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Want to Know More?
Please visit the Giving page to learn how you can contribute to the Endowment Fund now and in the future, and the Resources page to access the Fund Charter, videos, FAQs, and more.
Please contact us if you have questions
or want to contribute to the Endowment Fund.